Education Consumers Foundation EIN 20-3859268 Form 990 (PDF) Claim this org

Education Consumers Foundation

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Advocates for education groups by sharing policy and practice information. For fiscal year 2024 it reported $40K in revenue, $52K in expenses, and $122K in net assets.Pt I

Type
Supporting organization · Foundations & Grantmakers
Location
Knoxville, TN
Website
www.education-consumers.com
Filings
5 on file (2020–2024)
Revenue
$40KFY2024
Expenses
$52K
Net assets
$122K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-3859268 Supporting organization Knoxville, TN
Form 990 (PDF)
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Size
<$100K
What they do
Advocates for education groups by sharing policy and practice information.
Leadership
Shepard Barbash · Director
Money in and out
$40K revenue, $52K expenses
Bottom line
-31% net inflow
Money in and out · FY2024
Total revenue
$40K
Pt VIII · Ln 12
Total expenses
$52K
Pt IX · Ln 25
Net assets
$122K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$12K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.32
Net inflow
-31%
revenue over expenses, this year
Pass-through gifts
88%
of revenue from contributions
Program spending
68%
of expenses reach stated programs▲ +3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$40K
FY2024▲ ×27
Expenses
$52K
FY2024▼ -17%
Total assets
$122K
FY2024▼ -5%
Total liabilities
$0
FY2024
Total revenue
$40K
Pt VIII · Ln 12
Total expenses
$52K
Pt IX · Ln 25
Net assets
$122K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$12K
Total assetsPt X · Ln 16$122K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEducation Consumers Foundation
EINHdr · item D20-3859268
Principal addressHdr · item CKnoxville, TN
WebsiteHdr · item Jwww.education-consumers.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T11)
Ruling yearIRS BMFDec 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $35K of program spending, described in the organization's own filed words · FY2024.
01

Conduct marketing, public relations, research and development, and website development activities to promote awareness of products of education consumers foundation and desseminate information to the public about education policy and practice

$34Kprogram expense
02

Provided support to supported organization, east tennessee foundation

$1Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$35K · 88%
Investment income$4K · 10%
Other revenue$471 · 1%
Contributions & grants88%$35K
Investment income10%$4K
Other revenue1%$471
Total revenueLn 12$40K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.32
Program services68%$35K
Management & general32%$17K
Total functional expensesLn 25$52K

Balance Sheet

Part X · end of year
CashLn 1$4K
Total assetsLn 16$122K
Total liabilitiesLn 26$0
Total net assetsLn 32$122K
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $122K · Operating expenses/yr $52K
28.1 months
Where the money goes
Program services
Program services $35K · Total expenses $52K
68%
Management & General
Management & general $17K · Total expenses $52K
32%
Fundraising
Fundraising $0 · Total expenses $52K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $45K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $35K · Total revenue $40K
88%
Government reliance
Government grants — · Total revenue $40K
Earned-income share
Program service revenue $0 · Total revenue $40K
0%
Investment reliance
Investment income $4K · Total revenue $40K
+10%
Program self-sufficiency
Program service revenue $0 · Total expenses $52K
0%
Growth & trend
Revenue growth (YoY)
This year $40K · Prior year $-2K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $122K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $40K · Expenses $52K
-31%
Liabilities-to-Assets
Total liabilities — · Total assets $122K
Net-asset ratio
Net assets $122K · Total assets $122K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $119K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $122K
97%
People & payroll
Highest Reported Total Compensation
Individual Shepard Barbash · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $52K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $30K · Total expenses $52K
58%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 32%
Fundraising cost ratio 0%
Revenue growth ×27
Investment management fee ratio 0.6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$65K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$40K revenue · viewing · ⤓ 990 PDF
FY2023$-2K revenue · ⤓ 990 PDF
FY2022$102K revenue · ⤓ 990 PDF
FY2021$27K revenue · ⤓ 990 PDF
FY2020$16K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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